MFS Multimarket Income Trust (NYSE:MMT - Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.0337 per share by the closed-end fund on Monday, March 31st. This represents a $0.40 annualized dividend and a dividend yield of 8.70%. The ex-dividend date is Tuesday, March 18th. This is a 0.7% increase from MFS Multimarket Income Trust's previous monthly dividend of $0.03.
MFS Multimarket Income Trust has increased its dividend payment by an average of 5.2% per year over the last three years.
MFS Multimarket Income Trust Stock Performance
Shares of NYSE:MMT traded down $0.01 on Friday, hitting $4.65. 77,109 shares of the company were exchanged, compared to its average volume of 79,313. The company's 50 day moving average price is $4.67 and its two-hundred day moving average price is $4.73. MFS Multimarket Income Trust has a one year low of $4.43 and a one year high of $4.90.
MFS Multimarket Income Trust Company Profile
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MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
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